Before reading further check out the First Part of Top Ten Altcoins to buy in February. All the altcoins mentioned in the first list have been doing good, INJ has recorded growth over 50% and about to hit its targets.
Now Let’s look at Altcoin Market Cap Chart to see how is it looking for altcoins after Bitcoin made new all time high yesterday after the massive announcement by Tesla.
- At the time of writing this article, The Altcoin Market Cap was valued at 490B$.
- The Previous High of last bull run was 475B$, which has been broken out recently, and Market cap is trending above this.
- 475B$ should act as a support level for Altcoins Market Cap, and Looks like it will.
- Once 475B$ turned into support, The whole altcoin market can increase atleast by 50% in next few days.
Now Let’s look at the Second Part of the List of Top 10 Altcoins You Should Buy in February.
FILECOIN(FIL)
Coin Information
Current Price: 32.3$
Market Cap:1.6B$
Exchange: Binance, Coinbase Pro
What is Filecoin?
According to CoinMarketCap, Filecoin was first described back in 2014 as an incentive layer for the Interplanetary File System (IPFS), a peer-to-peer storage network. Filecoin is open protocol and backed by a blockchain that records commitments made by the network’s participants, with transactions made using FIL, the blockchain’s native currency. The blockchain is based on both proof-of-replication and proof-of-spacetime.
Technical Analysis
Signal
Entry Below 31$
Exit Above 50$
Stop Below 25$
EOS(EOS)
Coin Information
Current Price: 3.62$
Market Cap: 3.46B$
Exchange: Binance, Upbit
What is EOS?
According to CoinMarketCap, EOS is a platform that’s designed to allow developers to build decentralized apps (otherwise known as DApps for short.) The project’s goal is relatively simple: to make it as straightforward as possible for programmers to embrace blockchain technology — and ensure that the network is easier to use than rivals. As a result, tools and a range of educational resources are provided to support developers who want to build functional apps quickly.
Technical Analysis
Signal
Entry Below 3.6$
Exit Above 5.4$
Stop Below 2.7$
TRON(TRX)
Coin Information
Current Price: 0.045$
Market Cap: 3.25B$
Exchange: Binance, Bithumb
What is TRON?
According to CoinMarketCap, TRON is a blockchain-based operating system that aims to ensure this technology is suitable for daily use. Whereas Bitcoin can handle up to six transactions per second, and Ethereum up to 25, TRON claims that its network has capacity for 2,000 TPS — 24/7. This project is best described as a decentralized platform focused on content sharing and entertainment — and to this end, one of its biggest acquisitions was the file sharing service BitTorrent back in 2018.
Technical Analysis
Signal
Entry Below 0.045$
Exit Above 0.065$
Stop Below 0.036$
OMG NETWORK(OMG)
Coin Information
Current Price: 4.95$
Market Cap: 695M$
Exchange: Binance, Coinbase Pro
What is OMG?
According to CoinMarketCap, OMG Network, formerly known as OmiseGo, is a non-custodial, layer-2 scaling solution built for the Ethereum blockchain. As an Ethereum scaling solution, OMG Network is designed to allow users to transfer ETH and ERC20 tokens significantly faster and cheaper than when transacting directly on the Ethereum network.
Technical Analysis
Signal
Entry Below 4.8$
Exit Above 7.2$
Stop Below 4$
OASIS NETWORK(ROSE)
Coin Information
Current Price: 0.08$
Market Cap: 123M$
Exchange: Binance, Kucoin
What is Oasis Network?
According to CoinMarketCap, Designed for the next generation of blockchain, the Oasis Network is the first privacy-enabled blockchain platform for open finance and a responsible data economy. Combined with its high throughput and secure architecture, the Oasis Network is able to power private, scalable DeFi, revolutionizing Open Finance and expanding it beyond traders and early adopters to a mass market.
Technical Analysis
Signal
Entry Below 0.08$
Exit Above 0.12$
Stop Below 0.065$
Update [5 March 2021]
All altcoins mentioned in this list have been reached target. We proudly concludes this list had 100% accuracy on trade signals.
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Disclaimer:
Altcoins listed in this article are based on the author’s research. Author is not holding any of these altcoins. Always do your own research before investing in any cryptocurrency.
Hitesh Malviya is the Founder of ItsBlockchain. He is one of the most early adopters of blockchain & cryptocurrency enthusiast in India. After being into space for a few years, he started IBC in 2016 to help other early adopters learn about the technology.
Before IBC, Hitesh has founded 4 companies in the cyber security & IT space.
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